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Real estate - business under completion method
when builder follow the complention method for each project on consisitency basis , and project is completed only O.c. is under process to release to builder , and mostly 85% flats are sold, one of the flat is sold on the basis of the letter of allotment but agreement for sale and stamp duty is yet to paid , can recepit of advance to be considered as sale ?
under which basis so ?
Replies (1)
if sale consideration is paid only documentation is painding then u should treat as sale
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